Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the equation Y = 4.29 + 143.3X , Sales(Y) is in Units of $1000.00 and Advertising(X) is in Units of $100. What are

image text in transcribed

Based on the equation Y = 4.29 + 143.3X , Sales(Y) is in Units of $1000.00 and Advertising(X) is in Units of $100. What are Sales when $3,094.00 is spent on advertising? Submit Answer format: Currency: Round to: 2 decimal places. Sales(Y) is in Units of $10,000.00 and Advertising(X) is in Units of $1000. If we want to calculate the value of sales when $35,747.00 is spent on advertising. What do we use for X in the following equation? Y-42.9+143.3X Submit Answer format: Currency: Round to: 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions